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Experience at Live Trading Rooms


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Experience at Live Trading Rooms

  #91 (permalink)
 rptrader 
MN
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 111 since Mar 2010
Thanks Given: 466
Thanks Received: 81


Al2010 View Post
Hi all,
I did not forget about my promise, I was and is a bit busy... I completed the trial with Cannon trading. I will post my logs as soon as I have time. In short, they were profitable both weeks of my trial. The first week they had 3 of 4 (I joined on Tue, not Mon) loosing days but not much, 2-5 ticks. But they recover on Fri, which was trending day and made about +$700 per contract. Lucky Fri? Maybe. The second week of my trial was what I call an easy week - volatile market, all days were trending days, the market was up and one could trade any instrument long and make a lot... It was easy to make money or to loose big. They were up more then $1000 per contract that week... I do not remember exact number in my logs.
In general they are OK. I like the format. Unlike many others they put markers on the chart in advance and clear entry lines - they have their system which I will not describe here. Their system is pretty much straight forward and easy to follow. They do not sell the indicators or methodologies. I may not agree with everything they do and how they do this but... There is very little talking which I like bcs some trading rooms like live chats - everyone talks to everyone, which is total bs to me... I will post my complete logs some day soon.

Al,

One more quick question about this room. Do they only trade the first 2 hours of the day? And do you need to open a futures account with them to have access to the room after the trial period is complete?

Thanks
rptrader

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  #92 (permalink)
 soveral 
North Port, Florida USA
 
Experience: Advanced
Platform: TradeStation-Ninja Trader
Broker: DDT-TT
Trading: ES,NQ,CL
Posts: 24 since Oct 2010
Thanks Given: 9
Thanks Received: 6

Hi all;
I started trading futures 2 years ago just trading stocks before that end of day. I read a few books and joined
PureTick. Well I was a newbee but I did get some education from Dr. Parnassus at a great cost. I have been in Linda Raschke's room but I still found them missing trades that I would have made because of their style.
I find the best thing to do is to watch my charts. I now use a charting program that is letting me see good times to be in the trade.
Best of trading,
soveral

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  #93 (permalink)
 GarryM 
Tucson AZ
 
Experience: Intermediate
Platform: Ninja
Broker: Interactive Brokers
Trading: es
Posts: 80 since Jul 2009
Thanks Given: 33
Thanks Received: 138


Big Mike and I had a text/chat about me not posting enough. I told him that when I really felt I had something worth sharing, I would share. During the time since our conversation I have been studying Market Profile. Some time ago I mentioned after reading Al Brook's book, that I thought is was a good book and hopefully it helped some of you.

As most of you know, trading is a lot more than setups and indicators. Price levels intrigued me
and that has been my journey over the last year. My consistency came through really learning
Market Profile. I was not able to do this on my own, so I joined a trading room.

Although, I have learned a lot from many different services/trading rooms, my true success has come
from studying Market Profile with TheTradingZone.com. This is not a pitch for their product, I was
not trying to pitch Al's book either, it is only to help those, who like me, could not count on making
money day in and day out.

They offer a 7-day trial for $1, the membership is not cheap, but has paid for itself over and over.

We did a Market Profile short trade this morning, + 9 points on the ES. Hope this offers some
help to those that really want to have consistent profits.

GarryM

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  #94 (permalink)
Al2010
 
Posts: 50 since Oct 2010
Thanks Given: 36
Thanks Received: 10


rptrader View Post
Al,

One more quick question about this room. Do they only trade the first 2 hours of the day? And do you need to open a futures account with them to have access to the room after the trial period is complete?

Thanks
rptrader


Hi,
They trade all day long. As far as I can tell you can open an accnt with them and pay $119 per mo. or pay $299 monthly w/out the account.

I'm sharing my logs only for the purpose of sharing. To join the Cannon trading live room or not is totally up to you. I suggest you take their trial and make your own decision.

Attached are my trial logs as promiced - please review if interested. I was following my stop rules which are a bit different from theirs. All totals are per contract and DO NOT include slippage and commisions. Also, the viewer of my trilal logs must be aware that some days/weeks are better then others. The week one of my trial was mostly loosing but they recovered by Fri and made profits. The week two was an very trending and profitable one.
Thank you.

Attached Files
Elite Membership required to download: TradeLogES_10_05_2010.xls
Elite Membership required to download: TradeLogES_10_06_2010.xls
Elite Membership required to download: TradeLogES_10_07_2010.xls
Elite Membership required to download: TradeLogES_10_08_2010.xls
Elite Membership required to download: TradeLogES_10_11_2010.xls
Elite Membership required to download: TradeLogES_10_12_2010.xls
Elite Membership required to download: TradeLogES_10_13_2010.xls
Elite Membership required to download: TradeLogES_10_14_2010.xls
Elite Membership required to download: TradeLogES_10_15_2010.xls
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  #95 (permalink)
 SawDr 
Washington, DC
 
Experience: Intermediate
Platform: Ninja and TOS
Broker: Ninja
Trading: CL, ES
Posts: 100 since Dec 2009
Thanks Given: 114
Thanks Received: 62

Cannon's website doesn't seem to mention a trade calling room...anyone have a link?

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  #96 (permalink)
 rptrader 
MN
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 111 since Mar 2010
Thanks Given: 466
Thanks Received: 81


SawDr View Post
Cannon's website doesn't seem to mention a trade calling room...anyone have a link?

SawDr,

I just called the number on their website and they set me up with a trial. I would suggest doing that.

rptrader

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  #97 (permalink)
 
traderfranco's Avatar
 traderfranco 
BRAZIL
 
Experience: Intermediate
Platform: NINJA TRADER
Broker: NINJA TRADER
Trading: RTY, ES, CL
Posts: 41 since May 2010
Thanks Given: 5
Thanks Received: 7


AkLio View Post
Personnaly, I've been with TTZ for 3 years now .... Greg and other moderators are very serious in the teaching of their method..... I've stared trading futures 3 years ago and honestly, I would not be in this business anymore without them ...

The method is simple and use market profile and few other indicator .... there's no black box or secret stuff .... money management, trigger point, exit point, everything is very clear....

There's no fees per month or anything like that, once you paid, you get a lifetime membership access to all the educationnal section and unlimited access to the live trading room...

You can have a free trial to the live trading room if you want to make yourself your own idea of TTZ

E-mini Day Trading

see ya

Hi,

What's TTZ website?

TraderFranco

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  #98 (permalink)
Al2010
 
Posts: 50 since Oct 2010
Thanks Given: 36
Thanks Received: 10

Hi all,
Sorry I could not reply to personal messages. It is bcs only on this forum it requires Elite membership to reply and publish links..., which is total BS to me. We should really demand to lift all these "smart" restrictions from admins.
Go to Cannontrading website -> Education -> Live webinars. Or Google for - cannon trading live webinars
Thank you all.

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  #99 (permalink)
 SawDr 
Washington, DC
 
Experience: Intermediate
Platform: Ninja and TOS
Broker: Ninja
Trading: CL, ES
Posts: 100 since Dec 2009
Thanks Given: 114
Thanks Received: 62

I did some resarch on the trader that makes the calls in the Cannon room. He is a CTA and here is a link to his DDOC. The past performance results are so bad I have no idea why Cannon would use this guy:

https://www.levex.net/disclosure.pdf

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  #100 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



SawDr View Post
I did some resarch on the trader that makes the calls in the Cannon room. He is a CTA and here is a link to his DDOC. The past performance results are so bad I have no idea why Cannon would use this guy:

https://www.levex.net/disclosure.pdf

remind of VectorVest they gave me top recomm from their chief strategist, I can't remember his name but it was one bad call after another. To this day I can't look at anything from VectorVest. Cater used to have a service that if it was a win mark that day green, loss marked red, after red week after red week he just closed it. Recently another service deleted his 'road to million' link after showing a bold red statement 'loss -1,440' for awhile new comer to his website wont know any better.

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